简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Red Alert : Stay Away from These 13 Unauthorised Forex Trading Platforms
Abstract：The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. Read on to know the fresh list.
Frauds and scams happen across financial services, including forex trading. The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. The growing list is a reminder of the cautious approach traders need to adopt to stay away from fraud and scams.
Names Listed on the RBI‘s Alert List
The latest list includes names such as Ranger Capital, TDFX, Think Markets, Growline, YorkerFX, etc. As per RBI’s 2018 directions, these entities are barred from foreign exchange businesses under the Foreign Exchange Management Act (FEMA) of 1999. They are also prevented from operating trading platforms, the RBIs directions say.
You can see all 13 fresh names with their websites through they make traders invest, promote their offerings, and much more.
The RBI has cautioned that there can be names outside of its list which are not authorized for forex trading.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Trade Journal 2.0: What Experienced Traders Track That Beginners Often Ignore
A Trading Journal is more than a basic record of trades. It’s a learning and improvement tool. Beginners often jot down only price and time. Experienced traders add deeper insight that helps them get better over time. Here's what they track:
Thailand-Cambodia War Pressures Thai Baht in Forex Market
The ongoing conflict between Thailand and Cambodia has put immense pressure on the Thai Baht, impacting the forex market and investor sentiment. Read on for more.
6 Red Flags to Notice Before Investing in Neuron Markets
Investment scams have been rising over the last 5–6 years. Therefore, you need to be alert in the forex market, as many scam brokers are active and waiting to exploit inexperienced investors and traders. Neuron Markets is one such broker that appears genuine and makes big promises but ends up swindling investors’ money. Checkout red Flags and stay Safe
Future of Forex in India: Growth or Global Domination?
Every Trader or Investor in India who wants to invest in the dynamic forex market must read this important article. It explores the future of the forex market in India and answers a common question: Forex market will rise or crash in India ? Checkout the article below.
WikiFX Broker
Latest News
Samsung Electronics signs $16.5 billion chip-supply contract; shares rise
WikiFXDoes XS.com Hold Leading Forex Regulatory Licenses?
WikiFXEuropean stocks set to rise after the U.S. and EU strike trade agreement
WikiFXElon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics
WikiFXChile Bumps Up Copper Price Forecast and Flags Lagging Collahuasi Output
WikiFXGlobal week ahead: Crunch time for trade talks as Trump's deadline nears
WikiFXTop Wall Street analysts recommend these dividend stocks for regular income
WikiFXStock futures rise as U.S.-EU trade deal kicks off a hectic week for markets: Live updates
WikiFXTreasury yields tick lower as investors look ahead to Fed's interest rate decision
WikiFXBitget Lists Caldera for Spot Trading | What Should You Know?
WikiFXCurrency Calculator
